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16 Chadwick Drive

Old Lyme, Connecticut 06371

ACTIVE - NEW$575,000
Beds
4
Baths
1 | 1
SqFt
1,825
Acres
0.94
Year Built
1965
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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1-Car Garage1 Fireplace

About This Home

Welcome to this freshly updated 4-bedroom Colonial, ideally located just minutes from town beaches and within easy walking distance of the elementary school. With a freshly painted exterior, covered front patio, private yard, and thoughtfully updated interior, this home offers the perfect blend of comfort, convenience, and coastal living. Step inside to find refinished hardwood floors throughout the main level, a spacious living room with a cozy fireplace, and a beautifully updated kitchen featuring soft-close Shaker cabinetry, quartz countertops, tiled backsplash, and stainless steel appliances. The main level also offers a formal dining room, a stylish half bathroom, and an additional flexible room that's ideal for a home office, playroom, or family room. Upstairs, you'll find four spacious bedrooms, a full bathroom, and ample closet space for all your storage needs. Just off the garage, the covered three-season porch provides the perfect spot to relax, entertain, or enjoy warm summer evenings overlooking the private yard. Conveniently located close to shopping, restaurants, beaches, and highway access, this home makes it easy to enjoy everything the area has to offer. Come experience the best of coastal living with small-town charm-schedule your showing today!

Key Facts

City/Town
Old Lyme
Neighborhood
N/A
Property / Style
Single Family · Colonial
Year Built
1965
Days on Market
0 days
Beds
4
Baths
1 full · 1 half
Living Area
1,825 sq ft
Lot Size
0.94 acres
Garage / Parking
1 garage
Property Taxes
$4,244 / Annually
HOA Fee
$50 / Monthly

Market Snapshot

The Old Lyme Market

Single Family · trailing 12 months

Median Days on Market

41

17 active listings

Median $ / Sq Ft

$545

17 active listings

Sale-to-List Ratio

99.4%

90 sales

How this home compares

List Price

$575,000

vs $799,000 median

28.0% below median

Price / Sq Ft

$315

vs $545 median

42.2% below median

Days on Market

0 days

vs 41 days median

41 days fresher than median

Based on 17 active and 90 closed sales (trailing 12 mo) of single family in Old Lyme. Source: SmartMLS · As of August 13, 2026.

Location

16 Chadwick Drive, Old Lyme, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,561

per month

  • Principal & Interest$2,965
  • Property Taxes$354
  • Insurance$192
  • HOA$50

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Old Lyme
Neighborhood
N/A
County
New London

Residence

Property Type
Single Family
Style
Colonial
Year Built
1965
New Construction
No/Resale
Living Area
1,825 sq ft

Schools

Elementary
Per Board of Ed
High
Lyme-Old Lyme

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
None
Fireplaces
1
Laundry
Lower Level
Laundry Location
Basement
Appliances
Electric RangeMicrowaveRefrigeratorDishwasher
Basement
FullUnfinished
In-Law Apartment
No

Exterior & Lot

Lot Size
0.94 acres
Zoning
RU40
Garage / Parking
1 garage spaceAttached Garage
Waterfront Details
Not Applicable
Water Source
Private Well
Sewer
Septic
Flood Zone
No
Construction
Aluminum
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
GuttersLightingCovered DeckStone WallPatio
Lot Description
Level Lot

HOA / Association

Fee
$50 / Monthly

Listing & Financials

Property Taxes
$4,244 / Annually
Days on Market
0
MLS #
24197583
MLS Status
Active
Financing
FHA,VA,CHFA

Similar Properties

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Listed By

Taylor Shapiro

(860) 604-7247

Better Homes and Gardens Real Estate Executive Real Estate

(860) 633-8800

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 8/13/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 8/13/2026 at 2:01 AM UTC.